Tag: lime
Lime’s valuation, variable costs and diverging categories of on-demand companies
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. We’re wrapping the week with Lime, scooters and the divergence between Uber and Lyft and their two-wheeled rivals. It’s been a hectic year for ride-hailing, but an even more turbulent…
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Lime pauses scooter operations in select markets amid COVID-19
Lime is pausing its electric scooter operations in California and Washington, as well as throughout the countries of Italy, France and Spain to help keep riders safe during the COVID-19 pandemic. “Like you, we are worried about the cities we love and call home, the people we serve, and our…
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As Bird buys Circ, a rewind of scooter VC, M&A and financial reporting
Hello and welcome back to our regular morning look at private companies, public markets and the gray space in between. While the IPO cycle reprices former unicorns and concern imbues the private market with profit warnings, it turns out that there is still appetite for scooter startups. Even more, there’s…
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Inside Skip’s plan to appeal San Francisco’s scooter permit decision
Electric scooter operator Skip is gearing up to appeal San Francisco’s decision to deny the company a permit to operate in the city. When the Municipal Transportation Agency (SFMTA) announced the permit grantees in September, it came as a surprise to Skip, which had previously received a permit to operate…
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